Welcome to the Profit of Education website. Continuing the conversation begun in the book Profit of Education, we discuss the latest economic evidence on education reform.

Teacher salaries, then and now

In the “old days,” teaching was a more respected profession and relatively better paid. I decided to do a little historical research about the actual facts of earnings using data from the fabulous source, iPums.org. I measured median annual income in 1965 and 2014, about 50 years apart, for teachers and non-teachers, keeping the sample to full-time, college-educated workers. (Everything is adjusted to 2014 dollars using the consumer price index.)

The picture:

Historical 1

You’ll see that teacher income has gone up just a smidgen (red bars). In contrast, income in competing jobs has gone up a fair amount. Surely, this is a piece of the explanation of why we can’t get enough great teachers.

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8 Responses to Teacher salaries, then and now

  1. @chartutor says:

    RT @MrPABruno: “teacher income has gone up just a smidgen. In contrast, income in competing jobs has gone up a fair amount” http://t.co/gCJ…

  2. RT @MrPABruno: “teacher income has gone up just a smidgen. In contrast, income in competing jobs has gone up a fair amount” http://t.co/gCJ…

  3. “teacher income has gone up just a smidgen. In contrast, income in competing jobs has gone up a fair amount” http://t.co/gCJvGyIEPL

  4. Dan says:

    And importantly, many occupations were closed off for woman and minorities in the 1960s so they couldn’t access some of the higher paying jobs that were out there.

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